SBA lending record
Radisson Hotel
8800 WICKHAM RD, Romulus, MI 48174 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
36
Jobs supported
Franchise brand
Four Points by Sheraton
See Four Points by Sheraton's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 5/21/2024
- First disbursement
- 6/5/2024
- Days to fund
- 15 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 36
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- Four Points by Sheraton
- Franchise code
- S0665
- Lender
- Open Bank
- Address
- 8800 WICKHAM RD
- City
- Romulus, 48174
- County
- Wayne
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 12
The lender
Find SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other Four Points by Sheraton locations
Other Four Points by Sheraton businesses in the public SBA record — closest first, by location and deal size.
Shivva Hospitality, LLC
Mount Prospect, IL· ~236 mi
Four Points by Sheraton
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
ANZ Scranton LLC
Scranton, PA· ~400 mi
Four Points by Sheraton
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
FNC Holdings LLC
Omaha, NE· ~653 mi
Four Points by Sheraton
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
GOPAL GOVIND ENTERPRISES, INC.
Galveston, TX· ~1099 mi
Four Points by Sheraton
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Similar businesses
Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Northline Lodging, Inc.
Southgate, MI· ~6 mi
Motel 6
- $4.7M
- SBA financing
- ≈ $9.1M–$15M
- Est. revenue (rough)
HOME TOWN STUDIOS INN
Livonia, MI· ~9 mi
HomeTowne Studios by Red Roof/HomeTowne Inn/HomeTown Inn
- $4.5M
- SBA financing
- ≈ $8.9M–$15M
- Est. revenue (rough)
Dhiya Hospitality Group LLC
Southgate, MI· ~7 mi
Hotels (except Casino Hotels) and Motels
- $4.3M
- SBA financing
- ≈ $8.4M–$14M
- Est. revenue (rough)
Guru Ram Das Ji LLC
Romulus, MI· ~1 mi
Hotels (except Casino Hotels) and Motels
- $3.0M
- SBA financing
- ≈ $5.9M–$9.8M
- Est. revenue (rough)
FH MI Group, LLC
Farmington Hills, MI· ~18 mi
Extended Stay America Suites
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Star Hotel LLC
Canton, MI· ~5 mi
Travelodge by Wyndham
- $2.9M
- SBA financing
- ≈ $5.6M–$9.4M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Radisson Hotel in Romulus, MI (Hotels (except Casino Hotels) and Motels). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $5.0M
- On record FY2024
- 36 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Romulus, MI
- Lender: Open Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in MI for ~$5.0M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Radisson Hotel.